The long awaited Facebook IPO hit the market with a resounding thud. Unlike Google’s IPO, which jumped over 20% on its first day out and then proceeded to run up another 500%, Facebook barely held on to its offering price. …
While Obama proclaimed his support for same sex marriage, the uncivil union between commercial banks and security firms reared up once again. JPMorgan announced a "small" trading loss of over $2 billion in a credit bet breaking bad, knocking off …
To steal a phrase from the eloquent baseball legend Yogi Berra "It’s Deja vue all over again". The stock market is just where we left it from last week, currently straddling the key moving averages with a bigger and more …
No sooner than we all go home happy last weekend after the Fed pontificated that the recovery was moving along better than expected and easy money was no longer guaranteed, that the latest employment numbers (released last Friday) sandbagged the …
Current estimates of the fed stimulus year to date are at 2 trillion US dollars, so please pay your taxes on time as someone has to foot the bill. One might conclude that some of that money might have inadvertently …
This week the organizers of an Olympic shooting competition being held in Kuwait, inadvertently played the parody of the national anthem of Kazakhstan from the movie "Borat" instead of the real one, setting off outrage and a full blown Investigation. …
The effect of climate change has actually trickled down to the Stock Market as Equity Markets continued its melt up this week, ending up 2%. Good news from the Fed regarding the improving economy hit the tape and the market …
So, round and round we go,
Where the world's headed, nobody knows
- The Temptations
Now that the Greek debt crisis has been finally solved, the result seems even more ambiguous than ever. Most Greek sovereign debt bondholders have agreed …
Not ones to miss out on an opportunity to party, some Grecians took off from full time riot duty protesting newly implemented austerity measures, to celebrate “Clean Monday” festival that marks the beginning of Lent. Some of those inclined to …
This week the Republican presidential primaries produced yet another front runner, uber conservative Rick Santorum. His position on same sex marriage, birth control, gays in the military, food stamps, health reform, women’s rights, and cell phone usage by the uninsured …
What Does The S&P 500's Tightest Range In 50 Years Mean For Stocks and Your Portfolio?
February 22, 2026
